Some consider hard money fund for usage only by the real estate traders, fix and flippers, or some one applying for a bridge financing.

However,, Marquee Money Category, is among the simply individual lenders providing individual-purpose manager-occupied loans. This type of loans are accustomed to let anyone buy otherwise refinance the number one residential property and you will vacation house.

Tough money finance are frequently used by people that are unable to obtain conventional bank loans. Whether it is because of less than perfect credit, a premier loans proportion, a history foreclosure, or becoming inside a unique lives condition. Read more “Precisely what does Proprietor-Occupied to have Consumers and you can Lenders in California Suggest?”